Archive - Odds and Ends

Recessions and rumors of recessions

The Fed is putting this strong recovery in peril

Jul 9, 2022 •

January 2022

The Fed, the future, and flexibility

The Fed has to figure out how to assert flexibility without sounding so scary

Jan 30, 2022 •

Why and when to use quantitative easing

It's generally just pricey forward guidance, but QE has a time and place

Jan 23, 2022 •

Reserves, what are they good for?

It's 2022 and we're still saying banks lend reserves?

Jan 16, 2022 •

Credibility goes both ways

The Fed needs credibility not just as an inflation fighter but as a recession-fighter, too

Jan 9, 2022 •

Why is investment insensitive to interest rates?

Plenty of evidence suggests that investment doesn't react much to interest rates. How could this be?

Jan 2, 2022 •

December 2021

November 2021

October 2021

Is The Fed Monetizing the Debt?

Contrary to popular narratives, it doesn't seem like it.

Oct 2, 2021 •

September 2021

On Forecasting Inflation

What do the median CPI index and older consumers have in common? They are bad at forecasting inflation!

Sep 18, 2021 •

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